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ENSIGN GROUP The Ensign Group Reports Second Quarter 2021 Results July 28 , 2021 Conference Call and Webcast scheduled for tomorrow , July 29 , 2021 at 10:00 am PT -- SAN JUAN CAPISTRANO , Calif . , July 28 , 2021 ( GLOBE NEWSWIRE ) The Ensign Group , Inc. ( Nasdaq : ENSG ) , the parent company of the Ensign ( TM ) group of companies , which provide post - acute healthcare services and invest in the long - term healthcare industry , primarily in skilled nursing and senior living facilities , announced record operating results for the second quarter of 2021 , reporting GAAP diluted earnings per share of $ 0.87 for the quarter ended June 30 , 2021. Ensign also reported a record adjusted earnings per share of $ 0.89 for the quarter ( 1 ) . Highlights Include : ■ GAAP diluted earnings per share for the quarter was $ 0.87 , representing an increase of 19.2 % over the prior year quarter . Adjusted diluted earnings per share for the quarter was $ 0.89 , an increase of 14.1 % ( 1 ) over the prior year quarter . ■ Consolidated GAAP revenues and adjusted revenues ( 1 ) for the quarter were both $ 638.5 million , an increase of 9.2 % and 9.3 % over the prior year quarter , respectively . ■ Total skilled services ( 2 ) segment income increased to $ 90.0 million or 15.0 % compared to prior year quarter . ■ Real estate ( 2 ) segment income was $ 8.9 million for the quarter , an increase of 14.1 % from prior year quarter and FFO was $ 13.7 million for the quarter , an increase of 10.5 % over the prior year quarter . ■ Same store and transitioning skilled revenue improved by 4.2 % and 7.4 % , respectively , over the prior year quarter with an increase in skilled mix days of 1.4 % and 2.9 % , respectively . ■ Same store and transitioning occupancy increased by 1.7 % and 1.5 % , respectively , both sequentially over the first quarter . ■ Same store and transitioning managed care revenue improved by 36.3 % and 28.6 % , respectively ; with managed care census increasing by 33.9 % and 27.9 % , respectively , over the prior year quarter . ■ GAAP net income was $ 49.4 million for the quarter , an increase of 22.8 % from prior year quarter . Adjusted net income was $ 50.9 million for the quarter , an increase of 18.0 % ( 1 ) over the prior year quarter . ( 1 ) See " Reconciliation of GAAP to Non - GAAP Financial Information " . ( 2 ) Our Skilled Services and Real Estate Segments are defined and outlined in Note 7 on Form 10 - Q . Operating Results " We are very happy to report another record quarter . As the healthcare system continued its march toward normalcy , we continued to see patient flows trending towards traditional patterns and the momentum we saw in occupancies during the first quarter continued into the second . In fact , from the low point of our pandemic period census , which we hit in December of 2020 , our same store and transitioning operations have already improved census by 51.6 % . We were particularly pleased that we achieved sequential growth in occupancies from the first to the second quarter , which is especially impressive given we always expect a seasonal decrease in occupancies in the summer months , " said Barry Port , Ensign's Chief Executive Officer . " The solid results were achieved by our locally - empowered leadership teams who worked tirelessly to remain an integral part of the healthcare continuum during the pandemic . We are pleased to see that those efforts are being rewarded by their hospital and managed care partners , who have and continue to entrust our operations with the care of their patients . While we are excited about our accomplishments this quarter , we know we can do so much better in many ways and are excited about the enormous potential within our portfolio as we return to and exceed pre - COVID levels , " he added . The Company noted that the strong results in the quarter came from continued improvements in census and managed care skilled mix across the portfolio , improved operational expense management , improved cash collections and the continuation of sequestration suspension and state - supported funding . Port noted that the Company saw continued sequential improvement in